eToro vs Barclays, Who's The Best?
Read our In-Depth eToro vs Barclays Review - Updated for 2024
Our comprehensive analysis of eToro and Barclays has been updated to reflect any changes for 2024 by knowledgeable insiders boasting considerable financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of eToro vs Barclays does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
Barclays Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs Barclays
Every trading platforms has certain ups and downs, so any comprehensive analysis of eToro vs Barclays cannnot be regarded as thorough without embracing an objective perspective.
Compare Barclays and eToro in order to understand the way these platforms line up against each other before you decide to open an account. A comparative analysis will bring aspects into perspective in order that you remain aware of what you should anticipate.
So you are looking for a broker and are choosing between eToro or Barclays. Who is better in 2024?
This eToro vs Barclays comparison contains the most recent information so you can easily compare Barclays against eToro.
If you're a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You will acquire adept at all of the concepts of broker since you keep trading. For starters, you have to choose the ideal agent who will be clear with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. eToro and Barclays are two such companies that will take you along with your investment to great heights. It is crucial to compare eToro vs Barclays until you trust them with your cash.
Our eToro vs Barclays comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Barclays side by side.
Our entire eToro vs Barclays Review covers all you need to learn about trading using either eToro or Barclays. A good broker can multiply your first investments and give you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investing objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you should carefully analyze your agent before you select them. It's a common misconception that all agents will be the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
eToro and Barclays are both brokers which have found their way successfully to the broker world. In this review, we have tried to collate a number of the vital aspects of both eToro and Barclays. This review can allow you to understand whether either Barclays or eToro is a fantastic match for your own investments or not. We've tried to breakdown all the features and fees for your advantage.
Benefits of eToro and Barclays Compared
eToro has a minimum deposit of $50 while Barclays offers a $0 minimum deposit.
Why smaller minimum deposits are good and how eToro and Barclays compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
eToro has around 100 financial instruments whilst Barclays allows you to trade around 100 financial instruments available.
The more instruments you can trade on the eToro and Barclays trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of eToro or Barclays.
eToro and Barclays Contact Details
Being able to contact a broker simply is vital. eToro and Barclays have the following contact details and social medias that you can use.
Broker | eToro | Barclays |
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Telephone Number | ||
support@etoro.com | ||
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
eToro Twitter Account | Barclays Twitter Account | |
eToro Facebook Page | Barclays Facebook Page | |
eToro Instagram Account | Barclays Instagram Account | |
eToro LinkedIn Page | Barclays LinkedIn Page | |
YouTube | eToro YouTube Channel | Barclays YouTube Channel |
Find Out More |
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Barclays and eToro Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing eToro and Barclays will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
eToro vs Barclays - Awards
Broker | eToro | Barclays |
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Awards |
eToro have won many industry awards over the years they have been running as a financial broker. We list the most notable awards for eToro below.
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At the time of writing this Barclays review, and despite Barclays’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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eToro vs Barclays - Frequently Asked Questions
eToro vs Barclays - Headquarters And Year Of Founding
eToro was founded in 2007 and has its headquaters in Cyprus, UK.
Barclays was founded in 2011 and has its head office in United Kingdom.
What is the minimum deposit for Barclays or eToro
The minimum deposit for eToro is $50.
The minimum deposit for Barclays is $0.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and Barclays are a good option.
eToro vs Barclays - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Barclays is regulated by Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA).
Both eToro and Barclays have a strong set of rules for ensuring honest trading onto their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare eToro vs Barclays Commission And Fees
eToro and Barclays are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. That is, an internet broker isn't necessarily influenced by the number of clients they have.
But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly three types of penalties for this purpose.
The first sort of fees to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In such instances, you're paying a spread, funding rate, or even a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are those who are billed when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the actions you undertake in your account. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, neither eToro or Barclays charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who regularly exchange, for example daily or weekly trading.
However, non-trading fees charged by eToro and Barclays are comparatively higher. As a result, you are charged more for non-trading actions on your trading account, like deposits and withdrawal. These aren't about the sale and purchase of assets.
This eToro vs Barclays review for 2024 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For eToro And Barclays
What Languages Do eToro And Barclays Support?
Being able to chat completely with your online broker is a key way of comparing trading platforms to find your perfect broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you will find all the languages that both eToro and Barclays support.
How Many Clients Do eToro and Barclays Have?
Both eToro and Barclays are well known and trusted. It is really important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many users eToro and Barclays are working with
What Payment Methods Do eToro and Barclays Accept?
eToro and Barclays both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at eToro and Barclays
What Can You Trade With eToro and Barclays?
eToro offers 100 trading instruments whilst Barclays offers 41.
Below you will find a full breakdown of what both eToro and Barclays offer.
eToro Review
eToro vs Barclays:
Table Of Contents
- Compare eToro vs Barclays
- Benefits of eToro and Barclays Compared
- Barclays and eToro Mobile App Comparison
- eToro vs Barclays - Awards
- eToro vs Barclays - Frequently Asked Questions
- What is the minimum deposit for Barclays or eToro
- eToro vs Barclays - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And Barclays
- What Languages Do eToro And Barclays Support?
- How Many Clients Do eToro and Barclays Have?
- What Payment Methods Do eToro and Barclays Accept?
- What Can You Trade With eToro and Barclays?